Blog Entry

Owners can't agree on opening books

Posted on: March 10, 2011 11:40 am
There is just one day left before a possible NFL Armageddon and a crucial event has happened within the past 24 hours.

There are some NFL owners who want to completely open the league's financial books to the union, has learned.

The problem is other NFL owners are refusing.

So the stalling in the talks has happened because one set of owners desires to open their books and others do not, a source explains. Thus ownership is stuck trying to find a way to mend these differences.

If ownership can, and the books are opened, a deal could likely be reached quite quickly.

That's where we are now. Ownership is arguing amongst itself.

Incredible, isn't it?

It's virtually impossible for ownership to reach a consensus on this issue by the Friday evening deadline so unless another extension is agreed upon, the lockout/decertification will happen then.

This is getting interesting. Right down to the wire.

Category: NFL
Tags: Labor

Since: Nov 16, 2010
Posted on: March 10, 2011 6:02 pm

Owners can't agree on opening books

Owners to players Union. Take our wrod for it we need you to take less. Union prove it show us full numbers. Owners refuse and expect other side to just believe them. Owners are fighting showing the real numbers since its clear they are lying. No other reason not to prove what yor saying to to get other side to give concession unless they are lying. Pretty clear that is the problem owners are talking total bs.

Since: Dec 10, 2009
Posted on: March 10, 2011 5:59 pm

Owners can't agree on opening books

There are two potential conflicts at work here.  One concerning the owners who are agreeable to opening the books, and reaching a fair settlement thereby, in conflict with those owners who insist they do not have to, and will not divulge anything, in hopes of busting the Union.

Also at play may be conflicts between those owners who are having financial struggles, and those owners who do not wish anyone to know how well they are actually doing, not even their fellow owners.

Since: Nov 16, 2010
Posted on: March 10, 2011 5:59 pm

Owners can't agree on opening books

Since: Dec 13, 2007
Posted on: March 10, 2011 5:46 pm

Owners can't agree on opening books

If the owners have nothing to hide, then why are they so adamant about keeping their books closed? 

5 years ago if you walked into a bank and CLAIMED you made X amount of dollars per year, you could walk out the door with a huge mortgage that you may or may not have been able to afford.  Everybody sees where practices like that got our country.

It's no different here. The players are saying that if the owners want these concessions, then show them a justifiable reason. Show them this "hardship" that owners have to incur as a cost of doing business.

The owners who are now fighting to keep the books shut are probably the ones that have the most to hide.

Since: Jan 26, 2011
Posted on: March 10, 2011 5:39 pm

Owners can't agree on opening books

YOU ARE DEAD ON!!! loved the comment and i TOTALLY agree!! If owners are trying to act like they are losing money... then show it!!

Since: Oct 9, 2006
Posted on: March 10, 2011 5:18 pm

Owners can't agree on opening books

Everyone of the "players are employees & have no right to see the books cuz if anyone else did that they'd be fired so fast..." ilk are as sharp as a tennis ball.

The reason the NFLPA wants/NEEDS to see the books before determining what, if any, concessions they make is because there are far too many sports owners (hell, business owners period) who put their kids/spouse/nieces/nephews/uncles/m

istresses on the company payroll and/or fly around the world in the company-owned jet and/or pay their whores with company money etc, etc, etc and then try to call those "operating costs."

The union wants to ensure that any/all claimed losses by the owners are football-related losses only. Thats a pretty damn fair thing to demand/request.

If the owners want/expect the players to take less money, then prove that the losses/minimal profits are due to football-related decisions/factors only.

The owners KNOW this is NOT the case, and thus refuse to open their books.

The players KNOW that b.s. such as Jerry Jones' $2,000,000 worth of facial plastic surgery was almost certainly written off as a Dallas Cowboys-related expense, and they are not going to take less so that the owners can keep every dayum family member they have (not to mention mistresses, etc.) on the team payroll.

Since: Apr 27, 2008
Posted on: March 10, 2011 5:17 pm

Owners can't agree on opening books

Ok this is really really pathetic, I am a JFK Democrat, or someone who DOES NOT drink the Koolaid. When Bush left office he ran up the National Debit by 3.8 TRILLION dollars in 8 years and my fellow Democrats were rightfully ticked off at him for that. Then the Current Pres in 2 years ran the Debit up by 3.5 TRILLION in 2 years. The Federal Debit went from 500 BILLION un 2008 to 1.4 TRILLION in 2011. The source for these crazy not so made up facts, the Congressional Budget Office and you can even go to Wiki and get the quick facts. BOTH the current and last Pres failed to keep the debt in check. However you have to care about American NOT a political party to see the truth.  

However..this isn't quite true either. The bailout..which cost the Tax Payers a LOT and contributed to the debt..was BEFORE Obama took office..They tried to boost things by spending..and were not able to raise taxes to offset the spending(republicans) isn't the President's fault alone...when the obvious answer would be to RAISE taxes on the wealthy..which would go a long way towards reducing the debt. was Congress..which would not allow this...

I am not a Repub nor Dem...but you can not fight wars..(even fake wars) and bailout Wall Street..and spend(economy boosters) and cut taxes...

A good percentage of BIG businesses in this little or no taxes. The wealthy with all their loopholes..also pay less than they should. (They pay a lower tax rate than many hard working middle class people)With jobs going overseas....the working class..ends up on Unemployment..or with low paying jobs..which also reduces the tax base.

The GOP's answer? Give MORE tax breaks to Big Business..Do NOT raise the tax rate on the wealthy..

Instead..cut wages, benefits, health care, education, and tax Girl Scout Cookies.

If America does NOT wake up to what the GOP is really doing..this country will be a 2nd rate country in no time flat..with the Rich and only the poor.

Want to balance the Budget? Cut defense spending, raise taxes on the wealthy and make BIG business pay their taxes.

Giving them all these tax breaks..has NOT created any jobs..has it? Well..except for all the ones in China they are creating.

Since: Sep 13, 2007
Posted on: March 10, 2011 5:15 pm

Owners can't agree on opening books

In the four years since the last labor agreement was signed, player costs have risen 11.8 percent while revenue has grown 5.5 percent, Murphy said.

Lombardiand coke - As I said before, players salaries are capped based on percentage of revenues under current CBA. If player salaries are rising faster than revenue then this indicates that total real player compensation is below what is allowed under the agreement. Murphy (a former player) is just pulling the wool over the shareholder's eyes. By the way, 5.5 revenue increases and 9% net profits during the worst recession in recent history is pretty darn good.

Also, the NFL has enjoyed at a minimum of $7.8 Billion from public funding of the stadiums. I say that is a bare minimum because not all stadium fianancing arrangements are available. Kudos to New England Patriots and Houston Texans who appear to be the only teams playing in stadiums with 100% private fianancing.

The other interesting thing is the disparity in stadium costs - I think the Buffalo Stadium is among the least expensive (and oldest) at $85 million compared to $1.4 billion for cowboy stadium.

Perhaps someone who has studied public fianancing of the NFL could give more accurate figures on how much the public has subsidized the NFL owners.

Since: Apr 16, 2009
Posted on: March 10, 2011 4:48 pm
This comment has been removed.

Post Deleted by Administrator

Since: Aug 21, 2006
Posted on: March 10, 2011 4:28 pm

Owners can't agree on opening books

I'll say it again your a dumbass to be saying obama inherited this.

LOL. So he didnt inherit it? Things were fine economically when he took over? The recession hadnt yet begun? The budget was balanced? Unemployment was good? Are you f-ing insane? Whether hes done a good job or not is very dabateable. Whether he inherited the worst financial situation of any president of the last 80 years is not. And you call someone else a dumb ass? GOOD. LORD.

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